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Monetary Quotes

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A lot of joblessness in the black community doesn’t seem to be reachable through fiscal and monetary policies. People have not been drawn into the labor market even during periods of economic recovery.  (Monetary Quotes) A true generous heart can never revolve majorly with monetary skills nor business acumen nor cunning mind.  (Monetary Quotes) What governments call international monetary cooperation is concerted action for the sake of credit expansion.  (Monetary Quotes) Monetary success is not success. Career success is not success. Life, someone that loves you, giving to others, doing something that makes you feel complete and full. That is success. And it isn’t dependent on anyone else.  (Monetary Quotes) For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don’t have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs.  (Monetary Quotes) Inflation is a monetary phenomenon. It is made by or stopped by the central bank.  (Monetary Quotes) I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten.  (Monetary Quotes) I’m still a hacker. I get paid for it now. I never received any monetary gain from the hacking I did before. The main difference in what I do now compared to what I did then is that I now do it with authorization.  (Monetary Quotes) Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine that the International Monetary Fund (IMF) and World Bank force down the throats of developing countries.  (Monetary Quotes) Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear.  (Monetary Quotes) If you make people uniform, you can control them. If you teach people to read, and think, and question things, you lose control. So, the best idea is to separate people if you wish to maintain a monetary system. It’s called divide and conquer. By dividing people, they’re not a threat, you can control them.  (Monetary Quotes) I do know some of the world’s richest people. In monetary terms, they all performed very well. In terms of a fulfilling life, I am less sure.  (Monetary Quotes) The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.  (Monetary Quotes) Behind the screen of the ballot, the real holders of power ... are the great industrial and monetary monopolies who own our national economic life.  (Monetary Quotes) What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.  (Monetary Quotes) Any nation that allows the government to dominate its monetary and economic policies will ultimately suffer grave consequences.  (Monetary Quotes) When there’s downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future.  (Monetary Quotes) What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.  (Monetary Quotes) It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory.  (Monetary Quotes) After choosing monetary union, further political union and workable governance in Europe was always going to be necessary.  (Monetary Quotes) Habitual procrastinators will readily testify to all the lost opportunities, missed deadlines, failed relationships and even monetary losses incurred just because of one nasty habit of putting things off until it is often too late.  (Monetary Quotes) It’s just been my experience that some kinds of working relationships are better motivated by fear than by monetary gain.  (Monetary Quotes) We do not interpret bitcoin’s popularity as having a relationship with the public’s view of the Federal Reserve’s conduct of monetary policy  (Monetary Quotes) Transparency concerning the Federal Reserve’s conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve’s commitment to accountability within our democratic system of government.  (Monetary Quotes) The housing and financial crisis could not have occurred in the absence of government housing and monetary policies.  (Monetary Quotes) Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability  (Monetary Quotes) The participation of our country in the eurozone is a guarantee for the country’s monetary stability. It is a driver of financial prosperity.  (Monetary Quotes) Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.  (Monetary Quotes) When you’re facing the threat of recession, you need to have an expansionary monetary and fiscal policy. Pre-Keynesian, Hooverite views are dead everywhere except on 19th Street in Washington.  (Monetary Quotes) If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and that you would not have lower unemployment.  (Monetary Quotes)
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